Close Menu
  • Breaking News
  • Business
  • Personal Finance
  • 2nd Amendment
  • Videos
  • Forum
  • More
    • Prepping & Survival
    • Health
    • Top Stocks
    • Stocks Portfolio

Subscribe to Updates

Get the latest news and updates directly to your inbox.

Popular Now
Ask the Pros- Forged in Fire Brandon Franklin Breaking News

Ask the Pros- Forged in Fire Brandon Franklin

By Dewey LewisJuly 16, 20250

Meet Forged In Fire contestant Brandon Franklin, the talented owner of The Franklin Forge in…

German customs officials seize 1,500 tarantulas smuggled in international spongecake shipment

German customs officials seize 1,500 tarantulas smuggled in international spongecake shipment

July 16, 2025
Trump administration refines EEOC approach to transgender workplace discrimination claims

Trump administration refines EEOC approach to transgender workplace discrimination claims

July 16, 2025
Can I Get a Lift? Rideshare Safety Tips

Can I Get a Lift? Rideshare Safety Tips

July 16, 2025
Facebook X (Twitter) Instagram
Trending
  • Ask the Pros- Forged in Fire Brandon Franklin
  • German customs officials seize 1,500 tarantulas smuggled in international spongecake shipment
  • Trump administration refines EEOC approach to transgender workplace discrimination claims
  • Can I Get a Lift? Rideshare Safety Tips
  • Establishment-backed Democrat wins high-profile congressional primary in Arizona
  • Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing
  • DHS announces ‘third country deportation flight’ landed in Southern Africa’s Eswatini
  • Republican lawmakers to introduce bill to repeal largest teachers union’s federal charter
Facebook X (Twitter) Instagram LinkedIn VKontakte
Wednesday, July 16
Republican Investor
Banner
  • Breaking News
  • Business
  • Personal Finance
  • 2nd Amendment
  • Videos
  • Forum
  • More
    • Prepping & Survival
    • Health
    • Top Stocks
    • Stocks Portfolio
Subscribe
Republican Investor
You are at:Home » GOP rebel mutiny over Trump-backed crypto bills paralyzes House floor
Business

GOP rebel mutiny over Trump-backed crypto bills paralyzes House floor

Press RoomBy Press RoomJuly 15, 2025No Comments4 Mins Read
Facebook Twitter LinkedIn Tumblr Reddit WhatsApp
GOP rebel mutiny over Trump-backed crypto bills paralyzes House floor
Share
Facebook Twitter LinkedIn Pinterest Email

A rebellion by conservative lawmakers forced the House of Representatives’ legislative business to grind to a halt on Tuesday.

A dozen House Republicans joined Democrats to sink a procedural vote that would have allowed lawmakers to debate several measures before voting for them individually on the House floor.

Now, House leaders’ plans to vote this week on three cryptocurrency bills and pass one of their 12 yearly appropriations bills, specifically dealing with the Department of Defense, are up in the air as they work to resolve GOP rebels’ issues.

Fox News Digital was told that some of those dozen had concerns about how the Senate rewrote one of the cryptocurrency bills, the “Guiding and Establishing National Innovation for U.S. Stablecoins of 2025” or the “GENIUS Act of 2025.”

VANCE DECLARES ‘CRYPTO FINALLY HAS A CHAMPION’ IN TRUMP WHITE HOUSE

Others had concerns that the Senate would not take up the two other cryptocurrency bills if they passed the House, effectively jamming the lower chamber with the upper chamber’s will again.

Frustrations among House Republicans are still fresh after many of those same fiscal hawks were forced to compromise with Senate GOP changes to President Donald Trump’s “big, beautiful bill” that they opposed.

“This week, the House is voting on the GENIUS Act which lays the groundwork for a layered Central Bank Digital Currency (CBDC) where Americans interact with stablecoins but behind the scenes there are the functional surveillance capabilities of a CBDC,” Rep. Marjorie Taylor Greene, R-Ga., wrote on X less than an hour before the vote.

“The bill as written does not expressly ban a CBDC and does not protect self-custody. Self-custody means that you control your own money, not a third party.”

Rep. Tim Burchett, R-Tenn., told reporters after voting no, “We had some questions about it, and wanted to fix it.”

“There was an amendment, folks had concern about an amendment they wanted to have on there,” Burchett said. “It dealt with the banking part.”

Texas Representative Chip Roy

Trump, meanwhile, encouraged House Republicans to advance the cryptocurrency bills on Truth Social earlier Tuesday.

“The House will soon VOTE on a tremendous Bill to Make America the UNDISPUTED, NUMBER ONE LEADER in Digital Assets – Nobody does it better! The GENIUS Act is going to put our Great Nation lightyears ahead of China, Europe, and all others, who are trying endlessly to catch up, but they just can’t do it,” he wrote.

“Digital Assets are the FUTURE, and we are leading by a lot! Get the first Vote done this afternoon (ALL REPUBLICANS SHOULD VOTE YES!). This is our moment – Digital Assets, GENIUS, Clarity! It is all part of Making America Great Again, BIGGER AND BETTER THAN EVER BEFORE. We are leading the World, and will work hard with the Senate and the House to get even more Legislation on this passed!”

SENATE PASSES LANDMARK CRYPTO LEGISLATION AS BANKING CHAIRMAN TOUTS ‘HISTORIC DAY’

A House “rule” vote is a normally sleepy procedural hurdle that traditionally falls along party lines.

In recent years, however, it’s been used at times by factions of House GOP lawmakers to protest their leaders’ decisions.

“They have this stuff in the rule that we had some concerns with, like, putting the bill on the floor, the Senate version of the GENIUS Act that we think leaves some room for some concern with respect to the central bank digital currency and that there not be a hard ban on that,” Rep. Chip Roy, R-Texas, told reporters.

President Donald Trump and Speaker Mike Johnson

“And, we had some other things that our version of the bill with respect to [the Digital Asset Market Clarity Act of 2025 (CLARITY Act)], which, you know, deals with market structure things that we think are critically important. So we feel like we need to be dealing with all of this at once, and make sure that we’re pretty clear about the central bank digital currency. So we’ve got some more work to do.”

House Freedom Caucus Chair Andy Harris, R-Md., said the outcome “won’t change unless they’re willing to kill central bank digital currency.”

When asked about the discord, Speaker Mike Johnson, R-La., told reporters that the House would try the vote again on Wednesday. 

“We’re still having conversations, answering questions from people,” he said.

Fox News’ Kelly Phares contributed to this report.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleBackstreet Boys singer’s Florida beach home lawsuit follows Sylvester Stallone’s battle over waterfront estate
Next Article New text messages fuel Alex Murdaugh’s push for new trial

Related Posts

Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing

Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing

July 16, 2025
Budget airline Avelo shutting down West Coast operations

Budget airline Avelo shutting down West Coast operations

July 16, 2025
Trump announces Indonesia trade agreement: ‘good deal for both parties’

Trump announces Indonesia trade agreement: ‘good deal for both parties’

July 16, 2025
Trump compares talking to Powell to ‘talking to a chair’ while touting his own economic predictions

Trump compares talking to Powell to ‘talking to a chair’ while touting his own economic predictions

July 16, 2025
Trump tariffs spark surge in bonded warehouse use by importers

Trump tariffs spark surge in bonded warehouse use by importers

July 16, 2025
Chick-fil-A’s popular ‘Code Moo’ digital game returns with delicious rewards at stake for customers

Chick-fil-A’s popular ‘Code Moo’ digital game returns with delicious rewards at stake for customers

July 16, 2025
Add A Comment
Leave A Reply Cancel Reply

Follow us
  • Facebook
  • Twitter
  • Instagram
  • Pinterest
Highlights
German customs officials seize 1,500 tarantulas smuggled in international spongecake shipment Breaking News

German customs officials seize 1,500 tarantulas smuggled in international spongecake shipment

By Dewey LewisJuly 16, 20250

NEWYou can now listen to Fox News articles! German customs authorities recently made a skin-crawling…

Trump administration refines EEOC approach to transgender workplace discrimination claims

Trump administration refines EEOC approach to transgender workplace discrimination claims

July 16, 2025
Can I Get a Lift? Rideshare Safety Tips

Can I Get a Lift? Rideshare Safety Tips

July 16, 2025
Establishment-backed Democrat wins high-profile congressional primary in Arizona

Establishment-backed Democrat wins high-profile congressional primary in Arizona

July 16, 2025

Subscribe to Updates

Get the latest news and updates directly to your inbox.

About
About

Republican Investor is one of the top news portals to cover business, personal finance and second amendment news, follow us to get the latest news.

We're social, connect with us:

Facebook X (Twitter) Instagram LinkedIn VKontakte
Popular Posts
Ask the Pros- Forged in Fire Brandon Franklin

Ask the Pros- Forged in Fire Brandon Franklin

July 16, 2025
German customs officials seize 1,500 tarantulas smuggled in international spongecake shipment

German customs officials seize 1,500 tarantulas smuggled in international spongecake shipment

July 16, 2025
Trump administration refines EEOC approach to transgender workplace discrimination claims

Trump administration refines EEOC approach to transgender workplace discrimination claims

July 16, 2025
Latest News
Can I Get a Lift? Rideshare Safety Tips

Can I Get a Lift? Rideshare Safety Tips

July 16, 2025
Establishment-backed Democrat wins high-profile congressional primary in Arizona

Establishment-backed Democrat wins high-profile congressional primary in Arizona

July 16, 2025
Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing

Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing

July 16, 2025
Copyright © 2025. Republican Investor. All rights reserved.
  • Privacy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.